In Hong Kong, Pacific Basin Shipping ordered four 64,000 dwt dual-fuel methanol-powered Ultramax vessels from Nihon Shipyard Co. in Japan, valued at $300 million, with delivery set for 2028 and 2029 as part of its plan to meet future emissions standards. The vessels, designed for fuel efficiency and low emissions, will run on green methanol, […]
In China, Towngas and CPN signed a Memorandum of Understanding in Hong Kong, committing to distribute ISCC-certified green methanol to support the city’s maritime decarbonization efforts and meet growing demand for alternative marine fuels. Under the agreement, Towngas will supply methanol produced at its Ordos, Inner Mongolia plant, which converts biomass and municipal waste into […]
In Hong Kong, HSBC Hong Kong, Cathay Pacific and EcoCeres are launching a significant initiative to support the use of sustainable aviation fuel (SAF) in Hong Kong. By bringing together Hong Kong’s largest bank, its home airline, and a leading Hong Kong-based SAF producer, the collaboration aims to support a key innovation for the long-term […]
In Hong Kong, Orient Overseas Container Line Ltd. (OOCL) and partners join hands to advance low-carbon shipping, opting for cleaner fuel to reduce supply chain emissions. With the participation of several partners including IKEA and Kyocera, the first voyage commenced in early August. The fuel used on the voyage is a B24 biofuel blend, with […]
In Hong Kong, Banle Energy International Limited announced the successful completion of two B24 biofuel bunkering services for Yang Ming Marine Transport Corporation, on June 28 and July 10, 2024, one of the top 10 container shipping companies in the world. These were achieved in partnership with Green Marine Supply SDN. BHD. and Armada Meridian […]
In New Zealand, FCC, one of the international shipping partners of Zespri, has successfully completed a trial using biofuel in a charter vessel operating between Hong Kong and New Zealand. The purpose of the trial was to test the performance of the ship’s engines when burning biofuel. The vessel Kakariki bunkered the biofuel in Hong […]
In Hong Kong, Banle Energy International, in collaboration with PetroChina Fuel Oil Co. Ltd announced the arrangement of B24 biofuel bunkering services for Yang Ming’s vessel, YM Utility, at a port in Yantian, Shenzhen. By providing Yang Ming with its B24 biofuel bunkering services, this transaction supports the first B24 biofuel supply in Shenzhen and […]
In Hong Kong, Global Shipping Business Network (GSBN) has completed a pilot with COSCO Shipping to issue traceable and verifiable green certificates powered by blockchain technology. To increase traceability and verifiability, COSCO has partnered with GSBN to launch its Hi ECO blockchain-based shipping product. GSBN leverages its blockchain-enabled network to establish linkage between the Proof […]
In China, The Hong Kong and China Gas Company Limited (Towngas) and Shenergy Group signed a strategic cooperation framework agreement to jointly promote the development of green energy businesses in Shanghai, Hong Kong, and both domestic and international markets. This includes enhancing the production capacity of green methanol and exploring markets for green energy, such […]
